singingkind
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The price of an item has increased 15% since last year. However, a person can buy the item for a 25% employee discount. The employee pays $172.50. What was the price last year?

Respuesta :

100% - 25%(discount) = 75%( employee's amount)

$172.5 ÷ 0.75(75%) = $230

Increased 15% since last year...

$230 x 0.15(15%) = $34.5

$230 - $34.5 = $195.5

Answer: Last year's price is $195.5
BlackpinkIsLife

Answer:

The employee pays $172.50 and he got 25% employee discount.


If the cost is $100, he pays $(100 - 25) = $75.


So, employee pays =  

100

------

75

.


172.50


= $230.00.



Again, price was increased by 15% last year. So whose cost is $100


is sold by $(100+15) = $115.



When sell price is $115, then cost price is $100. Then,


when sell price is $230, then cost price is  

100

------

115


⋅


230


= $200.


Step-by-step explanation:


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